Just had a client pay half of their invoice. Realized I’m not sure how to properly record this in my books. Do I mark the whole thing as paid? Create a new invoice for the remainder? Feeling a bit lost on the best way to handle this without messing up my accounting.
Half paid? Just jot it down somewhere. Figure it out later.
Don’t just wing it with partial payments. It’ll come back to bite you later.
Here’s what I do:
- Keep the original invoice open
- Record the partial payment against it
- Follow up with the client about the remaining balance
This way, your books stay accurate and you don’t lose track of what’s still owed.
Pro tip: Set up a system to flag partially paid invoices. Makes it easier to keep tabs on them.
Whatever you do, don’t create a new invoice for the remainder. That’s a recipe for confusion down the line.
Been there, done that. Here’s what works for me:
I keep a simple spreadsheet with all my invoices. When someone pays part, I note the amount they paid and the date right on that same line.
The total column stays the same, but I add a ‘paid so far’ column. Makes it easy to see at a glance what’s still owed.
I don’t close out partially paid invoices. They stay on my ‘open’ list until fully paid.
Every month, I send a friendly reminder for any remaining balances. Most clients appreciate the heads-up.
This system’s saved me tons of headaches. No need for fancy software - just stay organized and consistent.
Remember, it’s your money. Don’t let partial payments slip through the cracks.
I usually just mark down what they paid and keep the invoice open. Makes it easier to remember what’s still owed. Not fancy, but it works for me.
Look, here’s how I handle it:
Record the partial payment on the original invoice. Don’t close it out.
Keep a running list of open invoices with balances due. Check it weekly.
When you send the next invoice, include a note about the outstanding balance.
Don’t create new invoices for leftovers. That’s just asking for a headache.
Simple system, but it works. Keeps your books clean and clients on track. No fancy software needed, just stay on top of it.
I keep it simple. Mark the partial payment on the original invoice and leave it open.
Send a friendly reminder about the remaining balance.
No need to overcomplicate things. Just make sure you can easily see what’s still owed when you glance at your books.